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This research investigates the moderating effect of national governance quality on the corporate governance-capital structure decision relationship. Using an instrumental variable estimation technique to analyze a multinational dataset containing 23,142 firm-year observations of 3,270 firms in...
Persistent link: https://www.econbiz.de/10013454665
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We provide evidence on leverage and debt maturity targeting in a large international setting. There are key differences in the relative importance of institutional factors in explaining actual as opposed to target capital structures. Targets and target deviations are plausibly influenced by the...
Persistent link: https://www.econbiz.de/10012628492
The way of working is evolving constantly, and in the last year, the changes have been major under the influence of the COVID-19 pandemic. Even before the pandemic, the work flexibility was encouraged and stimulated in Romania by the promotion of the telework law, becoming an important factor...
Persistent link: https://www.econbiz.de/10012939378
Informality, measured as the share of the employed who do not have access to social security, is high in Lebanon and the Syrian Arab Republic. This paper uses new data from the 2010 Lebanon and Syria matched employer-employee surveys, which include modules that directly test for ability...
Persistent link: https://www.econbiz.de/10010242979
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In this study, we examine the relationship between job satisfaction and firm leverage using a sample of Chinese listed firms. We find that in a sample of "China's 100 Best Employers Award" winners during 2011-2017, job satisfaction is negatively associated with firm leverage. The effect is more...
Persistent link: https://www.econbiz.de/10012307685
This study examines directions for work redesign which might lead to the creation of sustainable jobs for lower-educated older workers (45 years or over, ISCED 0-2) and thus motivate and enable them to extend their working lives. We use longitudinal data on 1,264 older Dutch workers collected by...
Persistent link: https://www.econbiz.de/10009770019
Allowing workers to control their work hours (working-time autonomy) is a controversial policy for worker empowerment, with concerns that range from increased shirking to excessive intensification of work. Empirical evidence, however, supports neither view. Recent studies find that working-time...
Persistent link: https://www.econbiz.de/10011434008
Purpose: The purpose of this study is to examine various configurations leading to job satisfaction (JS) in Mongolian private companies through five typical factors: perceived mission statement quality (MSQ), romanticism management philosophy (RMP), psychological ethical climate (PEC), ethical...
Persistent link: https://www.econbiz.de/10012813822